Job Purpose

Conduct off-site surveillance of a portfolio of Commercial Banks, Mortgage Finance Companies (MFCs)and Non-Operating Holding Companies (NOHCs) with a view to promoting safety, soundness, access and integrity of the financial system.

Key Duties and Responsibilities

Strategic Responsibilities

1. Contributes as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.

Technical and Operational Responsibilities

1. Contribute to the preparation of draft portfolio budget estimates.
2. Conduct risk-based site surveillance framework of Commercial Banks, Mortgage Finance Company and Non-Operating Holding Companies (NOHCs) and continuously monitor its effectiveness by developing the Institution Risk Profiles of the banks including Domestic Systemically Important Banks (D-SIBs).
3. Carry out surveillance of Commercial Banks, MFCs and NOHCs and ensure compliance with legal, regulatory and prudential requirements.
4. Review and engage banks on audited financial statements and unaudited quarterly financial statements of Banks and related disclosures.
5. Participate in on-site entry and exit meetings with Senior Management of Commercial Banks and in the presentation of the inspection reports to institutions’ Board of Directors
6. Prepare and continuously monitor supervisory programs.
7. Conduct consolidated supervision and contribute to planning and participate in discussions during home supervisory colleges meetings.
8. Participate in host supervisory college meetings.
9. Participate in the Assessment of the quality of host supervisory framework to which CBK can place reliance on the supervisory framework of the Host Country
10. Review of Internal Capital Adequacy Assessment Process (ICAAP) models to ascertain whether commercial banks have adequate capital consistent with their risk profiles.
11. Participate in Implementing a multi-dimensional Early Warning System and highlight emerging challenges.
12. Process, analyze and make appropriate recommendations on applications for new branches, mergers & acquisitions, new products, change in tariffs and vetting of Senior Managers, Directors and significant shareholders of banks and approve new premises and customer complaints and other corporate applications.
13. Contribute and participate in the development of policy and legal and regulatory frameworks.
14. Prepare quarterly reports, Institutional Profiles (IP) and conduct on-going risk assessments from on-site and off-site supervision for appropriate action.
15. Prepare periodic reports on the performance of Banks and collect information as required.
16. Participate in periodic regulatory meetings on regulatory concerns and emerging developments with Senior Management of Banking Institutions.
17. Represent the Department in various meetings and committees as and when required.
18. Provide on the job training and mentor new staff.
19. Perform any other duties as assigned by the supervisor.

Qualifications

1. Bachelor’s Degree in Business Management, Economics, Insurance, Law, Accounting, Finance, Computer Science, IT or related discipline from a reputable university.
2. Any other Bachelor’s Degree from a reputable university which should be supported by a professional qualification relevant to the job requirements.
3. Professional qualification(s) in Accounting, Finance, Banking, ICT or related discipline is an added advantage.
4. Master’s in Business Administration, Finance, Accounting, Economics, Law or related discipline is an added advantage.

Work Experience

At least two (2) years’ post qualification experience in Prudential/Bank Supervision, Financial Analysis, Auditing, Accounting, Commercial Banking Operations or any other relevant area.

Competencies

Technical Competencies

1. Good understanding of risk-based supervision frameworks.
2. Broad knowledge of banking operations and processes as well as the banks products
3. Strong communication and presentation skills including ability to write reports.
4. Good analytical and conceptual skills- Ability to challenge status quo based on quantitative facts and impacts.
5. Project management skills - ability to plan and execute on assigned tasks.
6. Financial sector knowledge - understanding of KYC policies, management of money laundering risks, approaches for management of interest rate, exposure to sensitive sectors, investment and liquidity risk, Non-Performance Assets, pension liability, compensation practices etc.
7. Risk Management - ability to assess the risk management process of the supervised entities.
8. Financial data collection - Ability to extract and provide financial information necessary for internal decision-making purposes.

Behavioral/ General Competencies

1. Leadership and management-takes responsibility for assigned tasks and has the ability to work in a high performing team.
2. Communication- ability to speak clearly, fluently and in a compelling manner to both individuals and groups and ability to write in a clear and concise manner, using appropriate grammar, style and language for the reader.
3. Interpersonal skills- creates rapport with others and develops effective communication and team spirit with colleagues.
4. Personal Motivation and Drive- commits self to work hard towards goals. Shows enthusiasm and career commitment.
5. Adaptability/Flexibility - ability and willingness to be flexible, to adapt to and work effectively within a variety of changing situations and with various individuals and groups.
6. Professionalism –maintains a professional approach based on ethics and CBK values.
7. Integrity, honesty, and ethics- ensures ethical practices and integrity and ensures CBK is not put at reputational risk.
8. Resilience –is able to withstand strategic and operational challenges and maintain momentum.
9. Attention to detail - Ability to verify the accuracy of information received from banks as part of regulatory reporting and compliance with banking regulations and accounting standards.
10. Concern for accuracy - Desire to ensure accuracy and quality in work delivered.
11. Emotional Intelligence-manages emotions in a mature and composed manner as expected of a CBK staff member.

• Contributes as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.
• Contribute to the preparation of draft portfolio budget estimates.
• Conduct risk-based site surveillance framework of Commercial Banks, Mortgage Finance Company and Non-Operating Holding Companies (NOHCs) and continuously monitor its effectiveness by developing the Institution Risk Profiles of the banks including Domestic Systemically Important Banks (D-SIBs).
• Carry out surveillance of Commercial Banks, MFCs and NOHCs and ensure compliance with legal, regulatory and prudential requirements.
• Review and engage banks on audited financial statements and unaudited quarterly financial statements of Banks and related disclosures.
• Participate in on-site entry and exit meetings with Senior Management of Commercial Banks and in the presentation of the inspection reports to institutions’ Board of Directors
• Prepare and continuously monitor supervisory programs.
• Conduct consolidated supervision and contribute to planning and participate in discussions during home supervisory colleges meetings.
• Participate in host supervisory college meetings.
• Participate in the Assessment of the quality of host supervisory framework to which CBK can place reliance on the supervisory framework of the Host Country
• Review of Internal Capital Adequacy Assessment Process (ICAAP) models to ascertain whether commercial banks have adequate capital consistent with their risk profiles.
• Participate in Implementing a multi-dimensional Early Warning System and highlight emerging challenges.
• Process, analyze and make appropriate recommendations on applications for new branches, mergers & acquisitions, new products, change in tariffs and vetting of Senior Managers, Directors and significant shareholders of banks and approve new premises and customer complaints and other corporate applications.
• Contribute and participate in the development of policy and legal and regulatory frameworks.
• Prepare quarterly reports, Institutional Profiles (IP) and conduct on-going risk assessments from on-site and off-site supervision for appropriate action.
• Prepare periodic reports on the performance of Banks and collect information as required.
• Participate in periodic regulatory meetings on regulatory concerns and emerging developments with Senior Management of Banking Institutions.
• Represent the Department in various meetings and committees as and when required.
• Provide on the job training and mentor new staff.
• Perform any other duties as assigned by the supervisor.

• Good understanding of risk-based supervision frameworks.
• Broad knowledge of banking operations and processes as well as the banks products
• Strong communication and presentation skills including ability to write reports.
• Good analytical and conceptual skills- Ability to challenge status quo based on quantitative facts and impacts.
• Project management skills - ability to plan and execute on assigned tasks.
• Financial sector knowledge - understanding of KYC policies, management of money laundering risks, approaches for management of interest rate, exposure to sensitive sectors, investment and liquidity risk, Non-Performance Assets, pension liability, compensation practices etc.
• Risk Management - ability to assess the risk management process of the supervised entities.
• Financial data collection - Ability to extract and provide financial information necessary for internal decision-making purposes.
• Leadership and management-takes responsibility for assigned tasks and has the ability to work in a high performing team.
• Communication- ability to speak clearly, fluently and in a compelling manner to both individuals and groups and ability to write in a clear and concise manner, using appropriate grammar, style and language for the reader.
• Interpersonal skills- creates rapport with others and develops effective communication and team spirit with colleagues.
• Personal Motivation and Drive- commits self to work hard towards goals. Shows enthusiasm and career commitment.
• Adaptability/Flexibility - ability and willingness to be flexible, to adapt to and work effectively within a variety of changing situations and with various individuals and groups.
• Professionalism –maintains a professional approach based on ethics and CBK values.
• Integrity, honesty, and ethics- ensures ethical practices and integrity and ensures CBK is not put at reputational risk.
• Resilience –is able to withstand strategic and operational challenges and maintain momentum.
• Attention to detail - Ability to verify the accuracy of information received from banks as part of regulatory reporting and compliance with banking regulations and accounting standards.
• Concern for accuracy - Desire to ensure accuracy and quality in work delivered.
• Emotional Intelligence-manages emotions in a mature and composed manner as expected of a CBK staff member.

• Bachelor’s Degree in Business Management, Economics, Insurance, Law, Accounting, Finance, Computer Science, IT or related discipline from a reputable university.
• Any other Bachelor’s Degree from a reputable university which should be supported by a professional qualification relevant to the job requirements.
• Professional qualification(s) in Accounting, Finance, Banking, ICT or related discipline is an added advantage.
• Master’s in Business Administration, Finance, Accounting, Economics, Law or related discipline is an added advantage.